UAE's Masdar, Tribe JV secures AU$48.2 million grant from Australian government for Maryvale Energy from Waste facility. Photo: Masdar Tribe Australia
UAE's Masdar, Tribe JV secures AU$48.2 million grant from Australian government for Maryvale Energy from Waste facility. Photo: Masdar Tribe Australia
UAE's Masdar, Tribe JV secures AU$48.2 million grant from Australian government for Maryvale Energy from Waste facility. Photo: Masdar Tribe Australia
UAE's Masdar, Tribe JV secures AU$48.2 million grant from Australian government for Maryvale Energy from Waste facility. Photo: Masdar Tribe Australia

Masdar, Tribe JV secures $33.6m from Australian government for Maryvale EfW project


Shweta Jain
  • English
  • Arabic

Masdar Tribe Australia, a joint venture between Abu Dhabi’s renewable energy company Masdar and infrastructure advisory and development firm Tribe Infrastructure Group, has secured A$48.2 million ($33.6m) from the Australian government for its Maryvale Energy from Waste (EfW) project, in an effort to drive down emissions.

The money will be used to construct the EfW facility in the Latrobe Valley, located in the Gippsland region of Victoria, Masdar said in a statement on Tuesday.

The project requires an investment of more than A$600 million and will commence construction in 2022.

The funding will help Masdar Tribe Australia launch the country’s “most innovative solution for the treatment of residual waste”, along with its partners Opal and Veolia, Edward Nicholas, general manager of Masdar Tribe Australia, said.

“The Maryvale Energy from Waste project will reduce greenhouse gas emissions by more than 270,000 tonnes per annum and free up enough energy to power the equivalent of 50,000 homes,” he said.

Once completed, the facility will process 325,000 tonnes of non-recyclable residual landfill waste to generate steam and electricity, displacing gas and coal-fired power, Masdar said.

Masdar and Tribe Infrastructure Group formed a JV in 2020 to develop utility-scale waste-to-energy projects in Australia and provide solutions for some of the 27 million tonnes of waste landfilled annually. The country is an attractive investment case for waste-to-energy projects amid a widespread push to decarbonise the economy.

Clean-energy spending earmarked by governments in response to the coronavirus crisis has surged 50 per cent over the past five months to reach $710 billion globally, the International Energy Agency said in April.

The total spend is 40 per cent higher than the global green spend contained in the stimulus packages that governments introduced after the financial crisis in 2008, the Paris-based agency said.

Regulated by the Financial Services Regulatory Authority of Abu Dhabi Global Market, Masdar Tribe Australia’s latest funding forms part of the Australia’s Modern Manufacturing Initiative, where the government supports innovative efforts to promote local industry.

The Maryvale project is expected to generate more than 500 jobs across Victoria and 450 jobs in Gippsland during construction and more than 60 jobs once operational, the statement said.

The JV earlier announced other projects including the East Rockingham Waste to Energy project in Perth, which when completed will process 300,000 tonnes of non-recyclable waste per year, Masdar said.

Tribe had active advisory mandates with a combined value of projects more than $11.5bn and a development project portfolio worth more than $2bn, as of December 2021.

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The flights: South African Airways flies from Dubai International Airport with a stop in Johannesburg, with prices starting from around Dh4,000 return. Emirates can get you there with a stop in Lusaka from around Dh4,600 return.
The details: Visas are available for 247 Zambian kwacha or US$20 (Dh73) per person on arrival at Livingstone Airport. Single entry into Victoria Falls for international visitors costs 371 kwacha or $30 (Dh110). Microlight flights are available through Batoka Sky, with 15-minute flights costing 2,265 kwacha (Dh680).
Accommodation: The Royal Livingstone Victoria Falls Hotel by Anantara is an ideal place to stay, within walking distance of the falls and right on the Zambezi River. Rooms here start from 6,635 kwacha (Dh2,398) per night, including breakfast, taxes and Wi-Fi. Water arrivals cost from 587 kwacha (Dh212) per person.

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How to join and use Abu Dhabi’s public libraries

• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.

• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.

• In order to borrow books, visitors must join the service by providing a passport photograph, Emirates ID and a refundable deposit of Dh400. Members can borrow five books for three weeks, all of which are renewable up to two times online.

• If users do not wish to pay the fee, they can still use the library’s electronic resources for free by simply registering on the website. Once registered, a username and password is provided, allowing remote access.

• For more information visit the library network's website.

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Federer: Winner (2003, 2004, 2005, 2006, 2007, 2009, 2012)
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MATCH INFO

CAF Champions League semi-finals first-leg fixtures

Tuesday:

Primeiro Agosto (ANG) v Esperance (TUN) (8pm UAE)
Al Ahly (EGY) v Entente Setif (ALG) (11PM)

Second legs:

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4,872 matches 

1,942 teams

116 pitches

76 nations

26 UAE teams

15 Lebanese teams

2 Kuwaiti teams

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The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

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5pm: UAE Martyrs Cup (TB) Conditions Dh90,000 2,200m

Winner: Mudaarab, Jim Crowley (jockey), Erwan Charpy (trainer).

5.30pm: Wathba Stallions Cup (PA) Handicap Dh70,000 1,400m

Winner: Jawal Al Reef, Richard Mullen, Hassan Al Hammadi.

6pm: UAE Matyrs Trophy (PA) Maiden Dh80,000 1,600m

Winner: Salima Al Reef, Jesus Rosales, Abdallah Al Hammadi.

6.30pm: Sheikha Fatima bint Mubarak (IFAHR) Apprentice Championship (PA) Prestige Dh100,000 1,600m

Winner: Bainoona, Ricardo Iacopini, Eric Lemartinel.

7pm: Sheikha Fatima bint Mubarak (IFAHR) Ladies World Championship (PA) Prestige Dh125,000 1,600m

Winner: Assyad, Victoria Larsen, Eric Lemartinel.

8pm: Sheikh Zayed bin Sultan Al Nahyan Jewel Crown (PA) Group 1 Dh5,000,000 1,600m

Winner: Mashhur Al Khalediah, Jean-Bernard Eyquem, Phillip Collington.

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

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The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

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BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

How to turn your property into a holiday home
  1. Ensure decoration and styling – and portal photography – quality is high to achieve maximum rates.
  2. Research equivalent Airbnb homes in your location to ensure competitiveness.
  3. Post on all relevant platforms to reach the widest audience; whether you let personally or via an agency know your potential guest profile – aiming for the wrong demographic may leave your property empty.
  4. Factor in costs when working out if holiday letting is beneficial. The annual DCTM fee runs from Dh370 for a one-bedroom flat to Dh1,200. Tourism tax is Dh10-15 per bedroom, per night.
  5. Check your management company has a physical office, a valid DTCM licence and is licencing your property and paying tourism taxes. For transparency, regularly view your booking calendar.
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The 12 Syrian entities delisted by UK 

Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV

Updated: May 10, 2022, 12:48 PM`